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some say mitt romney may have reset his presidency bid with the debate tonight. stocks are higher. he's generally viewed friendlier to business in wall street. we're also seeing specific groups move in sync with romney's position. coal stocks, for example, getting a lift after he addressed support for them last night. hospital stocks are down on concerns heck make big changes to elements of obamacare that could help hospitals. we should point out energy is very strong today. that, of course, has been one of the leaders for stocks this year. they are powering the market higher as well today with the dow just off the highs, up 86 points. the nasdaq's up 12 points right now at 3148. the s&p is up 10-plus points right now at 1461. maria. >> all right, bill. the minutes from the federal reserve september policy meeting today out shedding little new light on the fed's future plans, but of course tomorrow's september jobs report will off more clues about the health of the economy. we're going to get some thoughts about what to expect out of the jobs numbers and from this rally. >> everybo
some say mitt romney may have reset his presidency bid with the debate tonight. stocks are higher. he's generally viewed friendlier to business in wall street. we're also seeing specific groups move in sync with romney's position. coal stocks, for example, getting a lift after he addressed support for them last night. hospital stocks are down on concerns heck make big changes to elements of obamacare that could help hospitals. we should point out energy is very strong today. that, of course,...
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how was it debating romney? was he cut and slash? what's he like and what can you tell us about tonight? >> number one, governor romney will be the most prepared person on that stage. secondly, he will have the deepest depth of knowledge on that stage. i know that firsthand from going up against him. and here's the other thing i don't think a lot of people are expecting. his likability will come through because he has gotten a bad rap about this likability factor. but he will be the most prepared. he will also have the most depth of knowledge and he will have every opportunity to back obama into a corner on all of the major issues. >> let me ask you on that, backing him into a corner. romney had some spectacular debates, not all of them. but in florida he took newt gingrich out. newt gingrich no slouch at debating or intellect for that matter. and then later on he took out rick santorum. it's like he had a machete in his hand and he knocked these guys down. is it possible he might do the same thing about president obama who is rusty,
how was it debating romney? was he cut and slash? what's he like and what can you tell us about tonight? >> number one, governor romney will be the most prepared person on that stage. secondly, he will have the deepest depth of knowledge on that stage. i know that firsthand from going up against him. and here's the other thing i don't think a lot of people are expecting. his likability will come through because he has gotten a bad rap about this likability factor. but he will be the most...
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is this a romney rally following that debate last night or more so on the heels of commentary out of europe? top strategists will be weighing in on what was behind today's moves. some on the street are speculating that the rally has to do with the strong showing by governor mitt romney last night in the first presidential debate of the 2012 election. let's get to courtney reagan. she's breaking down the stocks today that moved or could have been moved in one direction or another as a result of that. over to you. >> thank you, maria. mitt romney did need to revis revitalize his campaign. it looks like he did it last night. wall street took some notice today. coal stocks, one of the big winners in today's trading after romney made this comment to president obama. >> by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. >> if you're bullish on coal, you're going to like this. take a look at how
is this a romney rally following that debate last night or more so on the heels of commentary out of europe? top strategists will be weighing in on what was behind today's moves. some on the street are speculating that the rally has to do with the strong showing by governor mitt romney last night in the first presidential debate of the 2012 election. let's get to courtney reagan. she's breaking down the stocks today that moved or could have been moved in one direction or another as a result of...
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. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer products company. altria, conoco phillips, new york community, high-yielding financial. keep altria. between pepsi and procter, keep pepsi. we're going to put in a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >> hey. modern portfolio. it's a modern portfolio. i have popeye's. i love the red beans and rice. aig is my favorite financial. michael kors is the terrific apparel company where they still charge $200 even at the outlets. dynavax. and facebook is not doing as badly as everybody else. internet company, financial, apparel co
. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer...
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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Oct 1, 2012
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romney's debate partner calls the president a tough debater. >> barack obama is going to be formidable, and i think it will be a good debate, but i certainly would not underestimate what barack obama brings to it. >> reporter: john kerry's playing romney with the president. in a weekend memo, republicans urged kerry to press the president on libya and syria. romney calls obama's foreign policy dangerous. romney's debate plan, clearly and concisely explain how he can fix the economy. >> i expect to be able to describe that in a way people will understand, and if they do, i get elected. >> reporter: his running mate, paul ryan, is already preparing for his own debate a week away. >> i really believe in the policies that we're providing, we're pursuing. and at the end of the day, i'm just going to go in there and be me. >> reporter: and if you can't control what actually happens in the debate, you certainly control what happens afterwards. the spin already in the planning. ryan's going to be with romney in virginia. the president is staying in colorado for a rally there. veronica? >> trac
romney's debate partner calls the president a tough debater. >> barack obama is going to be formidable, and i think it will be a good debate, but i certainly would not underestimate what barack obama brings to it. >> reporter: john kerry's playing romney with the president. in a weekend memo, republicans urged kerry to press the president on libya and syria. romney calls obama's foreign policy dangerous. romney's debate plan, clearly and concisely explain how he can fix the economy....
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now about half way into the debate romney gave us a fabulous short idea with this clip. >> you put $90 billion, like 50 years worth of breaks into solar and wind to solyndra and tesla and i had a friend who said you don't just pick winners and losers, you pick the losers. >> tesla on the kindness of the government. that kindness will be over if the white house gets a new occupant. i suggest buying tesla in november. 25s look juicy. both candidates had a lot to say about oil. here's obama. >> the oil industry gets $4 billion a year in corporate welfare. now does anybody think that exxonmobil needs some extra money when they're making money every time you go to the pump? >> you that i exxon would have gotten hit today, right? it rallied 52 cents. some can argue that is because the market senses a romney victory. no way. exxon is just bigger than any president. >> your administration cut the number of permits and licenses in half. if i'm president, i'll double them. >> we aren't going to make money buying federal lands. but if more were opened, it would be a bonanza for the oil service in
now about half way into the debate romney gave us a fabulous short idea with this clip. >> you put $90 billion, like 50 years worth of breaks into solar and wind to solyndra and tesla and i had a friend who said you don't just pick winners and losers, you pick the losers. >> tesla on the kindness of the government. that kindness will be over if the white house gets a new occupant. i suggest buying tesla in november. 25s look juicy. both candidates had a lot to say about oil. here's...
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romney's debate partner calls the president a tough debater. >> barack obama is going to be formidable and i think it will be a good debate, but i certainly would not underestimate what barack obama brings to it. >> reporter: john kerry's playing romney with the president. in a weekend memory, republicans urged kerry to press the president on libya and syria. romney calls obama's foreign policy dangerous. romney's debate plan, clearly and concisely explain how he can fix the economy. >> i expect to be able to describe that in a way people will understand, and if they do, i get elected. >> reporter: his running mate paul ryan is already preparing for his own debate a week away. >> i believe in what i believe, i do what i do, and i really believe in the policies we're providing, that we're pursuing. and at the end of the day, i'm just going to go in there and be me. >> reporter: and if you can't control what actually happens in the debate, you certainly control what happens afterwards. the spin already in the planning. ryan's going to be with romney in virginia. the president is staying
romney's debate partner calls the president a tough debater. >> barack obama is going to be formidable and i think it will be a good debate, but i certainly would not underestimate what barack obama brings to it. >> reporter: john kerry's playing romney with the president. in a weekend memory, republicans urged kerry to press the president on libya and syria. romney calls obama's foreign policy dangerous. romney's debate plan, clearly and concisely explain how he can fix the...
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i was talking with bret o'donnell who helped advise mitt romney before the debate. he had a fallout and not working for team romney. i feel he were but maybe the governor doesn't need the advivise. rst half hour is absolutely crucial. the people watch the debate conform to the begining of the show. later on and what ecends to confirm. coming out very strong early taking it right to the president and investing in the second person. forget about the moderator. mr. president of the freighter policies he failed. what is worst ever continue in the past we will be even worse off. gerri: i hate it when people ignore the journalist and the room. >> i said this. he was really -- in this case one would not dream of doing this. in terms of my advice to mitt romney. gerri: you can bothagree. this to say about what needs to happen. >> governor romney for the first time gets on the same stage as the president of the united states ad people can make a direct comparison about them and their visions for the future. this campaign, i think you'll e the numbers start to move right back
i was talking with bret o'donnell who helped advise mitt romney before the debate. he had a fallout and not working for team romney. i feel he were but maybe the governor doesn't need the advivise. rst half hour is absolutely crucial. the people watch the debate conform to the begining of the show. later on and what ecends to confirm. coming out very strong early taking it right to the president and investing in the second person. forget about the moderator. mr. president of the freighter...
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>> i don't think the moderated the debate at all. mitt romney debated the debate. >> why? >> he kept interrupting. >> and from your standpoint? >> i think it was a huge game changing the date for mitt romney. he came back from the beginning and wanted to get his plans and he really did. it was a good time for him to have a conversation with president obama pin he did control the debate. he made sure he got out every point he needed to get out. he made sure he got the last point. that is something he really needed to do. >> two seniors graduating next year from the university of denver. thank you for being here. >> thank you so much for having as. >> that you. >> checking on twitter, joe biden tweeted on the debate. taking your calls and reactions to the first presidential debate. next up is arizona. i am sorry, you are in arkansas. >> i thought this was a good solid basis for the first of three debates between two very good candidates that have never spoken face to face in a debate setting. i was really impressed by mitt romney, how he was talking about a new tax as a coas
>> i don't think the moderated the debate at all. mitt romney debated the debate. >> why? >> he kept interrupting. >> and from your standpoint? >> i think it was a huge game changing the date for mitt romney. he came back from the beginning and wanted to get his plans and he really did. it was a good time for him to have a conversation with president obama pin he did control the debate. he made sure he got out every point he needed to get out. he made sure he got...
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squaring off in the first of three presidential debates. there's been a lot of talk that the market is already pricing in an obama re-election. in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i think a romney win is great for stocks. at least the psychology will be two things. first, first cal conservati first, fiscal conservative coming in 2013 to help with growth prosper. second thing, who's going to handle the fiscal cliff the fastest. i think if things remain the same, the fiscal cliff will take a lot longer to fix. we'll have to drive off the cliff and step back from it some time next year. two levels of stock appreciation will be assumption that you get better growth in the economy and the fiscal cliff gets fixed quicker. >> that's a very good p
squaring off in the first of three presidential debates. there's been a lot of talk that the market is already pricing in an obama re-election. in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i...
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debate. debate. huuley says: "frommwwaa understand...you ot into an argummnt with your better half about the obama/romney debates.."swartz says we went &pout to eat and she got into a fight with er other. and she drank too much...whiih her mother does.hurley says: "don't talkkpolltics sir...yoo really shouldn't." went on ...to tell the judge.../ that... his... wife said... she disliked him.../ because... of his choice... for president...///. as.... the juuge... wasnt pllasedd.../ he... ordered swartz... to stay... 500 feet away... &p from his wife.../ until thhngs... settle down. 3 3 3 aanice warm day today... but some changes on the way this weekend. weekend. lett check in with meteorologgst emily ggrcey. 3 the oriiles will play at home on sunday if they can win tonight...a preview of the birdssand ranners...next innsports unlimited... addm jones put it best oo twitter ♪ [ male announcer ] start with nothing. build a ground-breaking car. good. now build a time machine. go here. find someone who ca
debate. debate. huuley says: "frommwwaa understand...you ot into an argummnt with your better half about the obama/romney debates.."swartz says we went &pout to eat and she got into a fight with er other. and she drank too much...whiih her mother does.hurley says: "don't talkkpolltics sir...yoo really shouldn't." went on ...to tell the judge.../ that... his... wife said... she disliked him.../ because... of his choice... for president...///. as.... the juuge... wasnt...
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. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think i know a dmas who writes am i diversified, altria, trokter and gamble can, conoco phillips, big california boo-yah. mike dimas is from summit new jersey. procter & gamble, uh-oh, pepsi, consumer products company. altria, there's a match game thing going on there. conoco phillips, new york community, high yielding financial. keep altria. between pepsi and procter, keep pepsi. proctor is a work in progress although mr. mcdonald is doing much better. we're going to put in yes, a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey.
. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think...
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today just a few hours before the debate started. romney did his debate prep in denver. when you go to 5,000 feet and you only have a few hours to adjust, i don't know maybe. >> mitt romney also talking about that comment this morning giving sean hannity his take on the former vice president's debate announcement. >>> would you agree maybe the altitude had an impact on the president last night. that was al gore's theory. >> look, it was a chance for each of us to describe our vision for the country. the president talked about his vision which was a continuation of the policies of the last four years. he wants to have a stimulus and investing for us. he wants to raise taxes as vice president biden blurted out they want to raise taxes by a trillion dollars more like 2 trillion by our calculations. he is laying out the same policies he has been talking about for the last four years. >>> scary story. an outbreak of a rare and deadly form of me think gmeningitis. >> it is scary. the death tole reaching 35. the cdc.gov says that number could go even higher. cases of fungal men
today just a few hours before the debate started. romney did his debate prep in denver. when you go to 5,000 feet and you only have a few hours to adjust, i don't know maybe. >> mitt romney also talking about that comment this morning giving sean hannity his take on the former vice president's debate announcement. >>> would you agree maybe the altitude had an impact on the president last night. that was al gore's theory. >> look, it was a chance for each of us to describe...
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tonight marks the first of three debates between president obama and mitt romney. both economy and markets will play a big role in today's matchup. which candidate is the right fix for both? john taylor is an economic adviser to the romney campaign and joins us. you are going to say mitt romney. in terms of convincing the american people what you believe and what mr. romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are not creating enough jobs to employ the working age population. you can put good spins on this. basically it is not good. as i look at this it is largely a problem of policy. the policy has not been pro growth. it has been short termism. >> with all due respect i'm sure you watch a lot of the sunday talk shows, the one before the first presidential debate everybody was saying mr. romney has not outlined his own economic proposal so while you may say mr. obama has fallen short mr. romney is not putting out his case. >> i disagree with that. there is a lot of specificity on proposals
tonight marks the first of three debates between president obama and mitt romney. both economy and markets will play a big role in today's matchup. which candidate is the right fix for both? john taylor is an economic adviser to the romney campaign and joins us. you are going to say mitt romney. in terms of convincing the american people what you believe and what mr. romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are...
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>> no, no, governor romney's a good debater. i'm just okay. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like newt gingrich and rick santorum and others. they were very capable opponents on a debate stage. barack obama hasn't done this for four years. so i would think the advantage would definitely be with the apparent underdog, a, because people don't think he's going to win and i think he may well win that first debate and secondly, because he's the more experienced debater. >> well, i think i would caution you a little bit. i think the president, when he has given kind of press interviews, that is a form of being pressed on things so maybe you're not deba
>> no, no, governor romney's a good debater. i'm just okay. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like...
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after the debate, in the four days after the debate, gallup had romney and obama tied. if you look inside these numbers, 70% of people surveyed said that romney beat obama in the debate. he basically crushed obama, voters and independents believe that. we'll see polls out every day, we'll have to make sense of all of these and put them in context. there's unmistakable trend toward mitt romney after the debate. both campaigns have internal polling showing that the race has tightened since the debate. john, one thing i'm looking for are the swing state polls. they usually get them on wednesday, thursday, every week. places like ohio, virginia, florida, to see what the impact of the debate is in those states. i'm sure we'll have a poll every day, every hour from here on out, john. >> that's right. we have a poll on cnn on ohio that will be due baying this afternoon which everyone is waiting to see. that will be hugely interesting. also interesting, a new ad just out seconds ago with a somewhat unusual new star. big bird is making airwaves now. >> yes, he is. the obama camp
after the debate, in the four days after the debate, gallup had romney and obama tied. if you look inside these numbers, 70% of people surveyed said that romney beat obama in the debate. he basically crushed obama, voters and independents believe that. we'll see polls out every day, we'll have to make sense of all of these and put them in context. there's unmistakable trend toward mitt romney after the debate. both campaigns have internal polling showing that the race has tightened since the...
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mitt romney arriving at the debate hall. we're watching -- we're getting closer and closser to the first debate between president obama and governor romney. people across the country are be watching, but the candidates are most concerned about swaying those battleground state voters who haven't yet made up their minds. cnn has put together a focus group of undecided voters from colorado, the state that's hosting the debate tonight. we're going to be watching their reaction to the candidates in real time. erin burnett is with the focus group over at the university of denver. joining us now. tell us about this focus group. >> wolf, these are people -- look, anyone who is watching, busy, taking time out of your lives to watch this. imagine taking the time to sit in person and dial test this, every word that these candidates say. these are people who are passionate about voting but undecided. a small group of americans very important to sdigd the election. wolf says they are undecided. the other thing about this group of people
mitt romney arriving at the debate hall. we're watching -- we're getting closer and closser to the first debate between president obama and governor romney. people across the country are be watching, but the candidates are most concerned about swaying those battleground state voters who haven't yet made up their minds. cnn has put together a focus group of undecided voters from colorado, the state that's hosting the debate tonight. we're going to be watching their reaction to the candidates in...
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barack obama and mitt romney have met for their first debate. one month ahead of the presidential election. they spent most of their time are gug ov arguing over the economy. the debate took place in denver, colorado, one of the few battleground states that could decide the election. candidates concentrated on how to revive the economy. >> the only way to meet governor romney's pledge of not reducing the deficit, or, not -- adding to the deficit, is by burdening middle-class families, now that's -- not my analysis. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating more, if you will, trickle-down government would work. that's not the right answer for america. >> romney kept attacking obama, and ignoring the moderator's instructions. obama some times had trouble getting a word in. many u.s. media analysts say romney had a better performance. the candidates will face off in two more debates. they have got just more five weeks to win over undecided
barack obama and mitt romney have met for their first debate. one month ahead of the presidential election. they spent most of their time are gug ov arguing over the economy. the debate took place in denver, colorado, one of the few battleground states that could decide the election. candidates concentrated on how to revive the economy. >> the only way to meet governor romney's pledge of not reducing the deficit, or, not -- adding to the deficit, is by burdening middle-class families, now...
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and following romney's strong performance in the debate, what happens now? here is chief political correspondent, carl cameron. >> reporter: with a month before election day, unemployment below 8% for the first time in the obama era, mitt romney called it too little, too late and too high since so many have stopped looking for work. >> the truth is if the same share of people participating in the work force today as the day the president got elected our unemployment rate to be around 11%. >> romney's plan says it will create new jobs, instead of part-time, helping to get it under 8% before the election. i'll help create 12 million new jobs and rising take home pay. >> romney's debate performance intersecting polls, and rasmussen shows romney inching ahead in virginia and ohio albeit within the margin of error and the daily tracking poll has the president up 5 points. romney met privately with laid off miners and blasted the president for waging war with workers, and romney that's an is crucial section of energy independence. >> i think we should put the amer
and following romney's strong performance in the debate, what happens now? here is chief political correspondent, carl cameron. >> reporter: with a month before election day, unemployment below 8% for the first time in the obama era, mitt romney called it too little, too late and too high since so many have stopped looking for work. >> the truth is if the same share of people participating in the work force today as the day the president got elected our unemployment rate to be...
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during the tax debate, romney said the top earners are really small businesses and they should not be taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who are small businesses. donned trumps is a small business. i know donald trump doesn't like to think of himself as small anything, but that's how you define small business, if you are getting business income. >> that's the right sound bite. after that sound bite, obama then attacked jet owners saying if you have a private jet you should be taxed more. even romney, he's pretty wealthy himself, he refused to come to the support of the wealthy. skip that sound bite i guess. of course, no one should feel sorry for the rich. let's save our tears for poor big bird. but the debate showed both sides are really trying to d
during the tax debate, romney said the top earners are really small businesses and they should not be taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who...
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what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first o
what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the...
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sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit of a pause after wrapping up back-to-school shopping. target says september same-stores rising 2.1%. a little bit shy of analyst estimates. target says it will stop reporting monthly same-store sales next fiscal year. that will follow in a practice established by rival walmart. macy's sales up but the department store also fell short of some forecasts. gap, however, did beat estimates. sales there up 6% in september. the stock at a new 52-week high today at $36.93. costco also seeing sales up 6%. that topped estimates. there's limited brands shares for good measure. sue? >>> time for a tech check, ty. we're keepin
sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit of a pause after wrapping up...
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senate debate, first time they have faced off. tonight we saw the president and romney debate. many of the issue that could be deciding factors in the election. both candidates were aggressive as they talked act the economy, health care and the role of the government. karen travers breaks down the argument. >> reporter: the president and romney finally went head to head. right out of the gate the candidates boiled down their economic arguments. >> governor romney, has a perspective that says if we cut taxes, go toward the wealthy and roll back regulation that we will be better off. i have a different view. >> the president has a view similar to the one he had when he ran four years ago. if you will trickle down government would work. that's not the right answer former. >> reporter: his comments about the 47% have taken a toll on his campaign. even before that leaked video show that americans think he favors the wealthy. tonight he wanted to try to change that perspective. >> the people who are having the hard time right now are middle income americans. under the president's pol
senate debate, first time they have faced off. tonight we saw the president and romney debate. many of the issue that could be deciding factors in the election. both candidates were aggressive as they talked act the economy, health care and the role of the government. karen travers breaks down the argument. >> reporter: the president and romney finally went head to head. right out of the gate the candidates boiled down their economic arguments. >> governor romney, has a perspective...
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breaking news, mitt romney has put meat on the boens nes of hix reform plan. banks should pick up and leave new york all together and we can't wait for tomorrow's debate. we'll have our own debate tonight on the kudlow report. moments away. >> reports after the bell. i tell you
breaking news, mitt romney has put meat on the boens nes of hix reform plan. banks should pick up and leave new york all together and we can't wait for tomorrow's debate. we'll have our own debate tonight on the kudlow report. moments away. >> reports after the bell. i tell you
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last night's debate.../both... pressdent ooama's... and... governor romney's... tax plans... were... talked about... in depth. depth. pauu gessler talked to economists today to break down what it means for you.paul-- the major difference right off the battis the ush- era tax cuts on households makkng more than 250 thousand dollars.mitt permanent.baaack obama would llt ttem expire. rooneyycalls for an across- the- board cut in marginnl tax rate to 25 percent...and eliminating the estate tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the calculation as to how both of those gentlemen are getting to that number, and i haven't seen thattyet." (laughttr) pa
last night's debate.../both... pressdent ooama's... and... governor romney's... tax plans... were... talked about... in depth. depth. pauu gessler talked to economists today to break down what it means for you.paul-- the major difference right off the battis the ush- era tax cuts on households makkng more than 250 thousand dollars.mitt permanent.baaack obama would llt ttem expire. rooneyycalls for an across- the- board cut in marginnl tax rate to 25 percent...and eliminating the estate tax, as...
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is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interview in the "denver post" where he seems to be softening his stances around immigration. here is a candidate looking at a huge deficit in some of these swing states, deficits among hispanics, deficits among women. he's got to make ground up in this 90 minutes. it's not a long time. he has to please republicans who have been calling for him to get more specific in terms of his plans around tax reform and all sorts of other ideas he has. he has a real tall order going into this debate. >> governor romney is dogged about the 47% remark. i want to show the interview he did this week with a local affiliate. >> if you could go back
is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interview in the "denver post" where he seems to be softening his stances...
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. >> mitt romney, he's a debater. i'm just okay. >> mitt romney is already in denver. "the new york times" reports he'll be armed with several zingers he's been rehearsing when he takes the stage wednesday night. you can watch the debate live, of course, on cnn. >>> police in michigan suspect a woman who collected welfare benefits after winning the state lottery may have died from a drug overdose. amanda clayton was found in her suburban detroit home over the weekend. she was sentenced to probation this summer after admitting she continued to collect food stamps even after she won $1 million. >>> negotiations between bp and the u.s. government have stalled now. the two sides are trying to hammer out a settlement for the 2010 gulf oil spill. a british newspaper reports the u.s. is seeking at least $1 billion, $3 billion more than bp is reportedly willing to pay. >>> and the busy 405 freeway is open this morning as los angeles survives carmageddon 2. that was the nickname given to an intense repair project this weekend that shut down a ten-mile stretch of interstate 405.
. >> mitt romney, he's a debater. i'm just okay. >> mitt romney is already in denver. "the new york times" reports he'll be armed with several zingers he's been rehearsing when he takes the stage wednesday night. you can watch the debate live, of course, on cnn. >>> police in michigan suspect a woman who collected welfare benefits after winning the state lottery may have died from a drug overdose. amanda clayton was found in her suburban detroit home over the...
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good morning, everyone, governor romney took control of the debate. he was dynamic, informed and very much on his game. and the president was not. he looked tired, he was not on top of the issues. even before the debate was over, the verdict came pouring in. romney won. and this morning, virtually every headline, every pundit left and right gives a strong edge to the governor. but the new york times just couldn't bring itself to admit their guy had a bad day. they hedged. obama and romney spar over fixing the economy, they said. well, dare i call this a romney rally? i will tell you that stocks will open up today. the day after the romney win. "varney & company" is about to begin. you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >> october 4th, a lot happened during last night's debate. we have 90 minutes worth of back an
good morning, everyone, governor romney took control of the debate. he was dynamic, informed and very much on his game. and the president was not. he looked tired, he was not on top of the issues. even before the debate was over, the verdict came pouring in. romney won. and this morning, virtually every headline, every pundit left and right gives a strong edge to the governor. but the new york times just couldn't bring itself to admit their guy had a bad day. they hedged. obama and romney spar...
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they think he is a brilliant debater. same on romney's side. they talk about how obama is a debate champion. and how he has set the standard. what they are trying to do is lower expectations for their own performance and talk about their own flaws a bit and raise expectations for the other guy hoping that we will judge the debate itself with that in mind. there is another set of expectations. how important are these debates? you have the romney campaign in a position where they need a game-changing moment. then you have the obama campaign saying this is just another moment for us to have another conversation with the american people. that is a downplaying of the expectations. >> you have been reporting about the separation is taking place for months, most notably when mitt romney was down during the democratic convention. who is helping mitt romney and who is helping president obama? >> mitt romney is being held by a bunch of people. you have senator robb portman playing the role of barack obama. it is his job to get under romney's scan the way
they think he is a brilliant debater. same on romney's side. they talk about how obama is a debate champion. and how he has set the standard. what they are trying to do is lower expectations for their own performance and talk about their own flaws a bit and raise expectations for the other guy hoping that we will judge the debate itself with that in mind. there is another set of expectations. how important are these debates? you have the romney campaign in a position where they need a...
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first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defecti
first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head...
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and being prepared for when a great debater romney is. i don't think obama has ever been a terrific debater. i thought he was well matched and eclipsed by hillary clinton in 08. he put in such a poor performance even by his past performances standards that he really is going to have to pick up his game. whether to attack is really tricky now, because if he comes off as mean and romney continues a really sort of confident and calm and in command performance like the one he put in last week while the president tries to bat away at him i don't think that will do him any good especially in a town hall setting. he has to come on strong and fight off the attacks without seeing mean. jon: so much at stake in this next debate. a.b. stoddard thank you. he was a law professor. when you're a law professor you don't get a lot of argument back. you don't debate your students. jenna: they say mitt romney's style was kind of like being in front of a board and giving a presentation in facts. it is interesting to see how different backgrounds come into pl
and being prepared for when a great debater romney is. i don't think obama has ever been a terrific debater. i thought he was well matched and eclipsed by hillary clinton in 08. he put in such a poor performance even by his past performances standards that he really is going to have to pick up his game. whether to attack is really tricky now, because if he comes off as mean and romney continues a really sort of confident and calm and in command performance like the one he put in last week while...
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romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama treasury to sell trillions of dollars in deficits. >>> hundreds of mexicans are involved in the fast and furious. this is a terrible story, hundreds of mexicans may be involved. should attorney general holder be fired immediately over this new information? >>> the ism signals no recession, that's good. but is the obama-bernanke qe stimulus plan going to bail o
romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to...
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i think if you watch this debate very closely on wednesday, if mr. romney has a strong showing, all of that good, strong upward movement is going to come crashing back down around our had he on thursday. >> for all of the stocks in the sector or are there those that are immune to politics? >> in the hospital sector? i don't think anybody's immune to the politics. this is a very, very politicized group. their entire fate, in essence, of these stocks will depend in the near term at least on an obama win. that's because of the power of the implementation of health care reform. obama win something synonymous with january 1, 2014, most of that nasty uncompensated care, the no pay heads in the beds begins to go away. as hospitals have been the insurers of last resort, the investor reaction to the relief of that is this quite stunning and staggering move we've seen since post-convention. >> i'm worried about something a little more macro, sheryl. forget about health care reform law. tenet was a $20 stock eight years ago. hca came, went, now came back, commu
i think if you watch this debate very closely on wednesday, if mr. romney has a strong showing, all of that good, strong upward movement is going to come crashing back down around our had he on thursday. >> for all of the stocks in the sector or are there those that are immune to politics? >> in the hospital sector? i don't think anybody's immune to the politics. this is a very, very politicized group. their entire fate, in essence, of these stocks will depend in the near term at...
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governor romney is a good debater. i'm just okay. >> reporter: mitt romney heads to colorado today for his last minute cram session. romney fit in another rehearsal after church in boston sunday. he's been practicing since june. while many believe wednesday's debate is a must-win for romney, his running mate paul ryan says this will not be a defining moment. >> i don't think one event will make-or-break this campaign. >> reporter: apparently not everyone got the memo to down play expectations. >> thursday morning you'll all be scratching your heads and say wow we have a barn burner now. >> reporter: the debate will center on domestic issues including the economy but right now romney is focused on foreign policy and has been slamming the president over his handling of the events in the middle east. in an op-ed in the "wall street journal" romney said the president showed weakness in the middle east. he said president obama heightened the prospect of conflict and instability. he doesn't understand an american policy that
governor romney is a good debater. i'm just okay. >> reporter: mitt romney heads to colorado today for his last minute cram session. romney fit in another rehearsal after church in boston sunday. he's been practicing since june. while many believe wednesday's debate is a must-win for romney, his running mate paul ryan says this will not be a defining moment. >> i don't think one event will make-or-break this campaign. >> reporter: apparently not everyone got the memo to down...